Liabilities / Assets
70th percentile
Higher debt load relative to assets than 70% of similar nonprofits.
EIN 59-3232490 • 501(c)3 • East Palatka, FL
Profile
To portray opportunity of agricultural to the adult of tomorrow through education and example.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
70th percentile
Higher debt load relative to assets than 70% of similar nonprofits.
Liabilities / Revenue
75th percentile
Higher debt load relative to revenue than 75% of similar nonprofits.
Net Margin
48th percentile
Higher net margin than 48% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
40th percentile
Faster asset growth than 40% of similar nonprofits.
Revenue Growth
26th percentile
Faster revenue growth than 26% of similar nonprofits.
Assets
Up$1,129,687
Up $1,819 (+0.2%) from 2023
Liabilities
Down$264,556
Down $28,365 (-9.7%) from 2023
Net Assets
Up$865,131
Up $30,184 (+3.6%) from 2023
Revenue
Down$826,477
Down $61,970 (-7.0%) from 2023
Expenses
Up$796,293
Up $18,560 (+2.4%) from 2023
Net Income
Down$30,184
Down $80,530 (-73%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
To portray opportunity of agricultural to the adult of tomorrow through education and example.
Operation of fair grounds.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $858,661 | $820,559 | ▼ $38,102 |
| Cash and Non-Interest-Bearing Accounts | $269,207 | $309,128 | ▲ $39,921 |
| Total Assets | $1,127,868 | $1,129,687 | ▲ $1,819 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $247,089 | $219,406 | ▼ $27,683 |
| Other Liabilities | $45,832 | $45,150 | ▼ $682 |
| Total Liabilities | $292,921 | $264,556 | ▼ $28,365 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $834,947 | $865,131 | ▲ $30,184 |
| Total Net Assets Fund Balance | $834,947 | $865,131 | ▲ $30,184 |
| Total Liabilities and Net Assets / Fund Balance | $1,127,868 | $1,129,687 | ▲ $1,819 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $674,923 | $261,977 | - |
| Land | $30,635 | - | - |
| Equipment | $54,728 | $264,116 | - |
| Leasehold Improvements | $60,273 | $205,203 | - |
| Name | Title |
|---|---|
| Malcolm Fabre | President |
| Kyle Hines | Vice President |
| Amber Couver | Director |
| April Singleton | Director |
| Austin Tilton | Director |
| Bill Futch | Director |
| Charlotte Middleton | Director |
| Chris Middleton | Director |
| Dustin Caison | Director |
| Ed Killibrew | Director |
| Gwen Motes | Director |
| Jay Browning | Director |
| Jeovanny Palencia | Director |
| Lindsay Lambert | Director |
| Martin Byrdal | Director |
| Michelle Grimes | Director |
| Raymond Barnes | Director |
| Renee Hough | Director |
| Robbie Scholl | Director |
| Scott Brauman | Director |
| Scott Tilton | Director |
| Wayne Mcclain | Director |
| Weezie Smith | Director |
| Vikki Miles | Secretary |
| Tk Shrouder | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $796,293 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| All Other Expenses | $170,449 | $19,814 | - | $190,263 |
| Depreciation Depletion | $56,594 | - | - | $56,594 |
| Other Expenses | $45,961 | $72,387 | - | $45,961 |
| Advertising | $17,145 | - | - | $17,145 |
| Interest | $15,261 | - | - | $15,261 |
| Insurance | $12,894 | - | - | $12,894 |
| Office Expenses | - | $12,221 | - | $12,221 |
| Fees for Services Accounting | - | $7,190 | - | $7,190 |
| Total Functional Expenses | $684,681 | $111,612 | $0 | $796,293 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Deposits Held | $45,150 |
“The board reviews and approves the form 990 before it is filed.”
“Putnam county fair authority, inc. Has policies and procedures in place to identify,consider and manage potential conflicts of interest. The organization's empoyees are required to make regular, timely, and full confidential disclosure of any conflict of interest to their superior. The board members and employees disclose to any personal interest by signing the interest conflict policy on a regular basis.”
“The organization's financial statements and governing documents are available for public inspection at: guidestar.org”
“Repairs & maintenance: program service expenses 40,631. Management and general expenses 0. Fundraising expenses 0. Total expenses 40,631. Fair expenses: program service expenses 28,039. Management and general expenses 0. Fundraising expenses 0. Total expenses 28,039. Livestock: program service expenses 20,064. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,064. Event cleaning: program service expenses 18,030. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,030. Security expense: program service expenses 17,462. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,462. Trophies and awards: program service expenses 14,088. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,088. Employee leasing expense: program service expenses 0. Management and general expenses 12,848. Fundraising expenses 0. Total expenses 12,848. Parking: program service expenses 10,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,000. Other: program service expenses 6,671. Management and general expenses 687. Fundraising expenses 0. Total expenses 7,358. Bank service charges: program service expenses 0. Management and general expenses 6,279. Fundraising expenses 0. Total expenses 6,279. Emergency services: program service expenses 5,749. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,749. Buyers dinner: program service expenses 3,851. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,851. Beauty pageant: program service expenses 2,321. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,321. Building improvements: program service expenses 1,025. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,025. Sponsorship: program service expenses 860. Management and general expenses 0. Fundraising expenses 0. Total expenses 860. Licenses & fees: program service expenses 839. Management and general expenses 0. Fundraising expenses 0. Total expenses 839. Home division: program service expenses 526. Management and general expenses 0. Fundraising expenses 0. Total expenses 526. Automobile: program service expenses 158. Management and general expenses 0. Fundraising expenses 0. Total expenses 158. Donations: program service expenses 135. Management and general expenses 0. Fundraising expenses 0. Total expenses 135.”
“There were no changes from the prior year.”
“Accounting for uncertain tax positions the organization has adopted fasb asc 740-10, accounting for income taxes, which clarifies the accounting for uncertainty in income taxes recognized in an entity's financial statements. The interpretation prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Based on analyses of various federal and state filing positions of the organization, management believes that its income tax filing positions and deductions are well documented and supported. As of december 31, 2024, the organization had no temporary differences relating to the recognition of income and expenses for financial and tax reporting purposes. Accordingly, no deferred tax assets or liabilities are recorded. Additionally, as of december 31, 2024, the organization had no uncertain tax positions that would qualify for either recognition or disclosure in the financial statements. Therefore, no reserves for uncertain income tax positions have been recorded pursuant to fasb asc 740-10. In addition, no cumulative effect adjustment related to the adoption of fasb asc 740-10 was recorded. There have been no increases or decreases in unrecognized tax benefits for current or prior years since the date of adoption. Furthermore, no interest or penalties have been included since no reserves were recorded and no significant increases or decreases are expected to occur within the next 12 months. When applicable, such interest and penalties will be reported as income tax expense. Since tax matters are subject to some degree of uncertainty, there can be no assurance that the organization's tax returns will not be challenged by the taxing authorities and that the organization will not be subject to additional tax, penalties, and interest as a result of such challenge. At december 31, 2024, the periods that remain open to examination under federal statute are for the years ended december 31, 2021 through 2023.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/ActivityOrMissionDesc | 0 | OPERATION OF FAIR GROUNDS. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 17145 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 17145 |
| IRS990/AllOtherContributionsAmt | 0 | 85760 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 19814 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 170449 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 190263 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 0 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3863283247 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 400 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | EAST PALATKA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 32131 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 309128 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
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| IRS990/CYContributionsGrantsAmt | 0 | 85760 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 320 |
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| IRS990/CYOtherRevenueAmt | 0 | 13743 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 726654 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 30184 |
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| IRS990/CYTotalExpensesAmt | 0 | 796293 |
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| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 826477 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 56594 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 56594 |
| IRS990/Desc | 0 | HELD ANNUAL PUTNAM COUNTY FAIR IN MARCH 2024. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 684681 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 7190 |
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| IRS990/ForeignFinancialAccountInd | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | ROBBIE SCHOLL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | WAYNE MCCLAIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MICHELLE GRIMES |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | VIKKI MILES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | APRIL SINGLETON |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | LINDSAY LAMBERT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | JAY BROWNING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | WEEZIE SMITH |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | AUSTIN TILTON |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 22 | CHARLOTTE MIDDLETON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 23 | JEOVANNY PALENCIA |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 24 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 24 | DIRECTOR |
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| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 25 |
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| IRS990/GrantsToOrganizationsInd | 0 | 0 |
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| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
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| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 12894 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 12894 |
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| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 321 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 88 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 52 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 71 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 852 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 2877812 |
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| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 85760 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 95169 |
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